Local pol pushes on revenue at Angkor Wat
An opposition lawmaker in Siem Reap province is planning to file a complaint to the Constitutional Council to review National Assembly President Heng Samrin’s decision not to forward his request to terminate Sokimex’s Angkor Wat ticket collection licence. ...
Chhay Channyda
http://www.phnompenhpost.com/local-pol-pushes-revenue-angkor-wat
PPWSA settles on IPO price
A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...
http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html
Ocean workers pray for jobs
Protesting workers at Ocean Garment factory say they are worried the manufacturer, which has suspended operations for one month, will close altogether. About 20 per cent of Ocean’s 1,300 workers demanding full payment during the break have found work elsewhere, while longtime employees are literally praying ...
Mom Kunthear
http://www.phnompenhpost.com/national/ocean-workers-pray-jobs
Private schools to face tougher regulations
The Ministry of Education is drafting two sub-decrees on private educational institutions aimed at improving regulation of the nation’s vast body of private schools. The sub-decree on Organization and Management of Private Schools and sub-decree on Categorization of Private Schools have been sent to a range ...
Phorn Bopha
http://www.cambodiadaily.com/news/private-schools-to-face-tougher-regulations-60153/
Logging is rampant at Prey Lang, report says
Denmark’s University of Copenhagen has drawn Prey Lang stakeholders’ attention to recently published data which shows increased illegal logging within the Prey Lang Wildlife Sanctuary. ...
Ry Sochan
https://www.phnompenhpost.com/national/logging-rampant-prey-lang-report-says
‘Shortage of workforce afflicting hospitality industry’
The challenge of insufficient manpower was among the primary problems afflicting the hospitality industry in the Kingdom, a Tourism Ministry workshop under the Secretary of State of the ministry at a Phnom Penh hotel last week concluded. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501504410/shortage-of-workforce-afflicting-hospitality-industry/
Prince Ranarridh offers support of government’s border policies
Prince Norodom Ranarridh, leader of the royalist party Funcinpec, says he has offered support to Prime Minister Hun Sen, to verify Cambodia’s maps in its demarcation discussions over the Vietnam border. ...
Hul Reaksmey
http://www.voacambodia.com/content/prince-ranarridh-offers-support-of-government-border-policies/2959993.html
Land dispute families turn down offer of new apartments
Three families involved in a bitter land dispute with a powerful land developer in Phnom Penh’s Tuol Kok district on Monday rejected City Hall’s offer of new housing, saying the apartments being offered were far too small. They also said they planned to file a complaint ...
Sek Odom
http://www.cambodiadaily.com/news/land-dispute-families-turn-down-offer-of-new-apartments-54868/
Juvenile justice law step closer to being reality
Officials from the ministries Of interior, social affairs, and justice met with NGOs on Friday to discuss the latest draft Of a juvenile justice law that has been in the works for more than a decade and which would mean young Offenders’ rights would be ...
Phorn Bopha
http://www.cambodiadaily.com/news/juvenile-justice-law-step-closer-to-being-reality-52720/
Workers strike again to demand strike pay
About 2,000 workers at Takeo province’s I-Cheng (Cambodia) Cooperation remain on strike today, after management held steady in its refusal to pay employees for days they joined in a national garment worker strike in December and this month. ...
Mom Kunthear
http://www.phnompenhpost.com/national/workers-strike-again-demand-strike-pay
Molnupiravir treatments available at Cambodia Post
The working group overseeing the management, distribution and supply of strategic drugs in the fight against Covid-19 at the Ministry of Post and Telecommunications has begun distributing 200mg molnupiravir capsules with the brand name Molnatris at all branches of its Cambodia Post from January 19 ...
Mom Kunthear
https://www.phnompenhpost.com/national/molnupiravir-treatments-available-cambodia-post
6th dose vaccine campaign to protect against COVID-19 chugs along to reach 509,917 people
Cambodia’s campaign to combat and keep at COVID-19 and continue with economic revival has hid a speed bump with the administration of the sixth dose. ...
Khmer Times Staff
https://www.khmertimeskh.com/501341812/6th-dose-vaccine-campaign-to-protect-against-covid-19-chugs-along-to-reach-509917-people/
Workers in the dark on controversial draft union law
With the National Assembly set to vote on whether to adopt the controversial trade union law on Monday, the majority of Cambodia’s industrial workers remain unaware of the crossroads at which Cambodia’s employers and workers stand. ...
Ananth Baliga, Sen David and Daniel de Carteret
http://www.phnompenhpost.com/national/workers-dark-controversial-draft-union-law
Banking liquidity tool moves to weekly issuance
Cambodia’s central bank yesterday launched a weekly issuance of Negotiable Certificate of Deposits (NCD) with selling scheduled for every Wednesday – a move aimed at developing the interbank lending market by promoting a secondary market for the short-term interest-bearing certificates. ...
Hor Kimsay
http://www.phnompenhpost.com/business/banking-liquidity-tool-moves-weekly-issuance
Cambodia's rubber export surges 46 pct in 10 months
Cambodia has seen a 46 percent rise in dry rubber export in the first ten months of 2013 thanks to rising global demand, said the report of the Commerce Ministry on Friday. The country exported 62,915 tons of dry rubber during the January-October period this year, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/08/c_132870615.htm
NBC sets new capital, risk rules for banks, financial institutions
The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...
Kang Sothear
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/
Three universities agree to found new research centre
The Royal University of Phnom Penh, the Royal University of Fine Arts, and the National Institute of Education inked a memorandum of understanding (MoU) on Monday, agreeing to establish a joint higher education social sciences and humanities research institute. ...
Voun Dara
https://www.phnompenhpost.com/national/three-universities-agree-found-new-research-centre
Media agencies warned about gambling ads
The Ministry of Information last week warned media organizations not to publish or broadcast advertisements from gambling outlets unless they have permission from the government to do so, according to a ministry notice obtained Tuesday. “The ministry previously advised [media outlets] to stop all types ...
Hul Reaksmey
http://www.cambodiadaily.com/news/media-agencies-warned-about-gambling-ads-65808/
Gov’t to crack down on overdue road tax
The General Department of Taxation (GDT) will continue collecting the annual road tax on vehicles due at the end of last month until the end of the year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...
Sok Chan
http://www.khmertimeskh.com/news/18434/gov---t-to-crack-down-on-overdue-road-tax/
Courts ‘must solve’ corruption conundrum
Cambodia’s judicial system is troubled by a cycle of corruption, with both sides of the bench accusing the other of perpetuating the practice of bribery, Anti-Corruption Unit (ACU) Chairman Om Yentieng said on Thursday at the inauguration of the new bar association president. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/courts-must-solve-corruption-conundrum-123755/